The Follow-Through Day We Didn’t Want | SwingTrader Status Update
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- เผยแพร่เมื่อ 12 ก.ย. 2024
- SwingTrader Status Update: August 13, 2024
IBD’s Mike Webster and Justin Nielsen discuss the light exposure over the last week and why we added on the follow-through day even though we face a CPI report the next day.
Hosts: Mike Webster & Justin Nielsen
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3:50 Follow through day 19:30
13:00 Wall of worry
28:50 MMM 33:20
34:00 ONON
36:25 I never buy at the bottom, and I always sell too soon.
39:55 COST
41:00 CAVA (leader of non AI)
Great video. Thx.
Thanks guys! Very thorough presentation, I appreciate you guys!
This is a great discussion on FTD and thanks for the detailed review.
You got to love justin's memory. I think he can tell you almost all major market histories like as if it only happened yesterday.
Thank you! Excellent video/s. Aside from the valuable insight, you guys explain complex ideas in a way that a lay person can easily understand. Keep up the great work...
wednesday august 7th, while it didn't retest the low - was quite an ugly day. From top to bottom down over 3% after the carnage that took place within a week prior, almost entirely engulfing the previous day, actually closed slightly underneath the close off the day that was the bottom. Even for people who bought the bottom, had to make them a bit nervous. Everyone and their brother was and is declaring for this thing to roll over and test/break the low. Have to be on guard, naturally, but wondering if that might work in our favor. Not many believing in this.
Mike, you say to buy something (up to 30%) on follow through day. But how do you know it's a follow through until near end of day and confirm the volume higher than previous day? Do you wait and then buy as volume is confirmed to be greater than previous day?
2 legends
Thank you!
what were the statistics again? 50% of the time a follow-through day fails within 21 days and 26.7% of the time a follow-through day rally fails? i didn’t quite get the difference.
We haven’t get a follow through day on the ES or NQ future markets.
We did yesterday
80% cash and no buys today for me
Now watch it rip😂
Your channel is always negative.